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Buenos Aires Federal Court Dismisses Money-Laundering Case Against Jorge ‘Corcho’ Rodríguez

The ruling follows a Casación decision that deemed the case unprovable, time-barred.

Overview

  • The Chamber issued the dismissal after the Casación court vacated Rodríguez’s processing and ordered a review for insufficient evidence and prescription.
  • Judges Leopoldo Bruglia and Pablo Bertuzzi signed the new resolution aligning the lower court with the higher court’s findings.
  • DAJUDECO and Uruguayan authorities, including the central bank and tax agency, reported no commercial links between Rodríguez and Sabrimol Trading or Latin Financial LP.
  • Prosecutors had alleged simulated loans of $1.415 million helped circulate about $1.715 million tied to the 2012 purchase of an Eurocopter EC130 B4 by Helicopter Corporation SA and a 2016 sale involving Fusion Blue Servicios Aéreos SA.
  • Casación also noted the absence of a predicate offense and found the action prescribed given the more than ten years between the 2012 loans and the 2022 summons.